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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
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South African Court Grants Order to Liquidate Mirror Trading International After Investors Fail to Withdraw Their BTC

A South African High Court recently granted a provisional liquidation order against Mirror Trading International (MTI) following an application for relief by two investors who failed to withdraw their bitcoin. According to a statement released by lawyers of one of the aggrieved investors, this provisional order paves the way for the appointment of a liquidator to take control of MTI’s assets and liabilities. Provisional Order The order by the Cape Town court came after the Financial Sector Conduct Authority (FSCA) reported receiving complaints from investors who failed to withdraw invested funds. The court’s decision also follows reports that Johann Steynberg, the CEO of the alleged online bitcoin scam platform, had skipped the country. At the same time, a statement released by MTI management alleges that Steynberg, who is no longer communicating with fellow executives, blocked his colleagues from accessing the company’s funds. The management team says it is now working with law ...
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Darknet Giant White House Market Drops Bitcoin, Supports Monero Payments Only

The prominent darknet marketplace, White House Market, has dropped bitcoin payments and now accepts monero only. The darknet marketplace administrators detailed that there was an issue with a payment processor blocking Tor exit nodes, but the full transition to monero was always planned. A number of crypto proponents have reported on the darknet marketplace, White House dropping bitcoin ( BTC ) payments in order to exclusively support monero ( XMR ). On December 28, one individual on Twitter wrote: “[One of the] largest darknet markets, White House Market, drops bitcoin support, now only uses monero.” News.Bitcoin.com confirmed the payment system change by visiting the White House market’s onion URL. The White House admins detail the issues with bitcoin ( BTC ) support stemmed from a third party service. “Bitcoin payments are no longer accepted,” the White House admins stressed. “The [third] party exchange API we used (Morphtoken) has suddenly decided to block access from Tor exit ...
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Close, but no cigar! Here are 2020’s worst Bitcoin price predictions

These off the mark 2020 Bitcoin price predictions prove that forecasting BTC’s value is as futile as picking lottery numbers. Pundits and crypto analysts love to issue Bitcoin ( BTC ) price predictions regardless of how volatile the asset class is.  In 2017, there were calls for BTC’s price to hit $35,000–$50,000, and of course, a few brave souls predicted that the price would top $1 million before correcting. No one will forget how John McAfee infamously promised to chomp off his genitals if BTC’s price didn’t hit $1 million by 2020. While some of these lofty estimates are based on fundamentals, others are entirely baseless. Regardless of the analyst’s rationale, a handful of them are so far removed from reality that they have become memes. Let’s review the most outrageous Bitcoin price predictions of 2020. “Guesstimation” attracts attention because nobody follows them up Guessing the future price of cryptocurrencies is so embedded in the community that many analysts don’...
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Bitfinex CTO: Tether Is Registered and Regulated Under FinCEN- USDT Not Next Target of the US SEC

The CTO at Bitfinex Paolo Ardoino has pushed back against rumours that the company’s Tether stablecoin may be the next target of the U.S. Securities and Exchange Commission (SEC). The Bitfinex executive insists that the Tether stablecoin, whose market capitalization has now surpassed $20 billion, is a properly registered and regulated crypto. The Alleged Misinformation Campaign The CTO said while responding to rumours circulating on social media that the USDT stablecoin might fall into a predicament similar to that of Ripple’s XRP token. Immediately after the SEC filed to sue Ripple for allegedly violating the Securities Act, the XRP token’s value tumbled . Additionally, many crypto exchanges that are wary of the implications of the lawsuit have delisted the token. However, in his reply to Ki Young Ju, the CEO at Cryptoquant, Ardoino dismisses the rumours and accuses the former of spreading misinformation. The CTO goes on to claim that the company’s stablecoin adheres to regul...
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US exchanges are suspending or delisting XRP left and right

Binance.US and eToro are the latest exchanges to discontinue XRP trading in America as Ripple faces the SEC's enforcement hammer. Binance.US, the American branch of the global crypto exchange, and crypto-friendly asset trading service eToro are the latest platforms to suspend XRP trading in the U.S. Announcing the news on Thursday, eToro revealed that U.S. customers will not be able to trade XRP on Jan. 3, 2021. Customers with existing trades at the time will have three weeks from that date to close all open positions, the platform added in its statement. For Binance.US, the effective date of its XRP delisting is Jan. 13, 2021. However, the delisting will not affect the claim process for the Spark FLR token airdrop distribution event. Binance.US and eToro now join the likes of Coinbase and Bittrex as major exchanges to halt XRP trading for American traders. Coinbase is also the subject of a lawsuit from a disgruntled trader accusing the platform of knowingly selling XRP as...
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$30K BTC price imminent? This Bitcoin hodler metric hints at the next rally peak

Bitcoin HODLer volume suggests a prolonged correction is not likely, but that could change. Bitcoin ( BTC ) HODLer volume has marked previous tops and the start of bull cycles. As the dominant cryptocurrency heads towards $30,000, HODLer activity could be a useful tool to potentially gauge BTC’s next peak. Since October, as Cointelegraph reported , the HODLing activity of Bitcoin has continuously increased. Fewer HODLers have been moving their holdings, which indicates an overall bullish market sentiment. Bitcoin HODLer volume. Source: Whalemap Why HODLer activity is important to assess Bitcoin market sentiment The term “HODLer” refers to long-time holders of Bitcoin. It is possible to track the activity of HODLers by evaluating addresses that have not moved BTC for several years. If HODLers move their assets when the price of Bitcoin is going up, it might indicate an intent to sell to take a profit on the rally. Conversely, if HODLers move their assets when the Bitcoin price...
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